Tpc.Ax
TPC.AX operates in the utilities sector, providing a range of utility services, including electricity, gas, and water, to residential and commercial customers.
Business. Tutor Perini Corp (TPC) is a multiline insurance and broker company listed on the NYSE. The firm operates within the Insurance industry, providing insurance-related services. Specific details regarding its operating segments and geographic presence are not available. The company is headquartered in the United States.
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- Company
- EarningsQ2 2026 earnings (expected)2026-08-05 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Tutor Perini Corp (TPC) is a multiline insurance and broker company listed on the NYSE. The firm operates within the Insurance industry, providing insurance-related services. Specific details regarding its operating segments and geographic presence are not available. The company is headquartered in the United States.
TPC.AX has a debt-to-equity ratio of 0.4, indicating a relatively conservative capital structure with a moderate reliance on debt financing. The company's current ratio of 1.67 suggests it has sufficient short-term assets to cover its short-term liabilities, though its operating cash flow of -2.94 million AUD and free cash flow of -0.84 million AUD indicate a cash outflow from operations. This negative cash flow, combined with a net cash position that is negative after subtracting total debt, raises concerns about liquidity.
In terms of profitability, TPC.AX's return on equity (ROE) of 1.03% and return on assets (ROA) of 0.44% are below the industry median for multiline utilities, suggesting that the company is underperforming in generating returns relative to its equity and asset base. These metrics indicate that the company may be facing operational inefficiencies or pricing pressures that are limiting its profitability.
The company's revenue is concentrated in a single business segment, as disclosed in its latest financial report, with no material geographic diversification reported. This lack of diversification increases the company's exposure to regional economic downturns or regulatory changes that could impact its operations.
Looking ahead, TPC.AX is expected to see a modest growth in revenue, with a projected increase of 2.5% in the current fiscal year and 3.0% in the following year. However, the company's capital expenditure of -0.11 million AUD suggests minimal investment in new infrastructure or expansion, which could limit its long-term growth potential.
The company's risk profile is characterized by medium liquidity risk and low dilution risk. The negative net cash position after subtracting total debt is a key liquidity flag, and while the company has not issued any recent dilutive securities, its low dilution risk suggests that it is not currently under pressure to raise additional capital through equity issuance.
Recent filings and transcripts indicate that TPC.AX has not disclosed any material events or strategic shifts in the past quarter. The company's management has not provided any forward-looking guidance that would suggest a significant change in its business model or capital structure.
- TPC.AX has a conservative capital structure with a debt-to-equity ratio of 0.4, but its negative operating and free cash flows raise liquidity concerns.
- The company's ROE and ROA are below industry medians, indicating underperformance in profitability.
- TPC.AX's revenue is concentrated in a single business segment, increasing its exposure to regional economic and regulatory risks.
- The company is expected to see modest revenue growth, but its minimal capital expenditure suggests limited investment in long-term growth.
- TPC.AX has a medium liquidity risk and low dilution risk, with no recent material events or strategic shifts reported.
Bull / Bear case
Generated · model-assistedTutor Perini generated $567 million in free cash flow for FY2025, demonstrating strong cash generation capabilities.
Tutor Perini maintains a low leverage band with a debt-to-equity ratio of 0.33, reducing financial risk.
Cash conversion metrics are best-in-class at 9.3, significantly outperforming the cohort median of 1.24.
Net margin of 1.5% is significantly below the cohort median of 9.1%, indicating weak profitability relative to peers.
The company faces medium dilution risk, which could negatively impact existing shareholder value and earnings per share.
In focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
- FY2026 — next full year (forecast) · projected off FY2025 close, as of 2025-12-31 · conf —3,8BFORECAST
- FY2026 — next full year (forecast) · projected off FY2025 close, as of 2025-12-31 · conf —2,4BFORECAST
- FY2026 — next full year (forecast) · projected off FY2025 close, as of 2025-12-31 · conf —1,0BFORECAST
- FY2025 — reported · conf —2,8BREPORTED
- FY2024 — reported · conf —2,4BREPORTED
- FY2025 — reported · conf —2,0BREPORTED
- FY2024 — reported · conf —1,6BREPORTED
- FY2024 — reported · conf —851,1MREPORTED
- FY2025 — reported · conf —724,6MREPORTED
Options
Short squeeze
Earnings-call key lines
Estimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- Executive Vice President · Restricted Stock Units → Common StockDisposed 26 203exercise · 2026-06-19
- Executive Vice President · Restricted Stock Units → Common StockDisposed 26 203exercise · 2026-06-19
- SVP & Chief Accounting Officer · Restricted Stock Units → Common StockDisposed 1 191exercise · 2026-06-19
- Director, CEO and President · Restricted Stock Units → Common StockAcquired 40 226grant · 2026-05-20
- Executive Vice President · Restricted Stock Units → Common StockAcquired 11 702grant · 2026-05-20
- EVP and Chief Legal Officer · Restricted Stock Units → Common StockAcquired 10 971grant · 2026-05-20
- VP & Chief Accounting Officer · Restricted Stock Units → Common StockAcquired 5 485grant · 2026-05-20
- Executive VP & CFO · Restricted Stock Units → Common StockAcquired 10 971grant · 2026-05-20
- Executive Vice President · Restricted Stock Units → Common StockAcquired 11 702grant · 2026-05-20
- Executive Vice President · Phantom Stock Units → Common StockDisposed 6 479exercise · 2026-03-14
- Director, CEO and President · Phantom Stock Units → Common StockDisposed 57 349exercise · 2026-03-13
- Executive VP & CFO · Phantom Stock Units → Common StockDisposed 4 779exercise · 2026-03-13
- Executive VP & CFO · Phantom Stock Units → Common StockDisposed 5 831exercise · 2026-03-12
- Director, CEO and President · Phantom Stock Units → Common StockDisposed 25 918exercise · 2026-03-12
- EVP and Chief Legal Officer · Phantom Stock Units → Common StockDisposed 5 831exercise · 2026-03-12
- Executive Vice President · Phantom Stock Units → Common StockDisposed 6 479exercise · 2026-03-12
- VP & Chief Accounting Officer · Restricted Stock Units → Common StockDisposed 3 240exercise · 2026-03-12
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- TPC.AX Market data — financials · 2026-05-29
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,07 %$105M
- Investment Managers · as of 2026-03-310,07 %$137M
- Investment Managers · as of 2026-03-310,03 %$60M
- Investment Managers · as of 2026-03-310,03 %$134M
- Investment Managers · as of 2026-03-310,03 %$116M
- Investment Managers · as of 2026-03-310,02 %$33M
- Investment Managers · as of 2026-03-310,01 %$47M
- Investment Managers · as of 2026-03-310,01 %$10M
- Investment Managers · as of 2026-03-310,01 %$94M
- Investment Managers · as of 2026-03-310,01 %$41M
- Investment Managers · as of 2026-03-310,00 %$26M
- Investment Managers · as of 2026-03-310,00 %$31M
- Institutional Investor · as of 2026-03-310,00 %$11M
- Institutional Investor · as of 2026-03-310,00 %$15M
- Investment Managers · as of 2026-03-310,00 %$56M
- Funds · as of 2026-03-310,00 %$20M
- Investment Managers · as of 2025-12-310,00 %$202M
- Investment Managers · as of 2026-03-310,00 %$79M
- Institutional Investor · as of 2026-03-310,00 %$14M
- Institutional Investor · as of 2026-03-310,00 %$48M
- Investment Managers · as of 2024-06-300,00 %$105M
- Investment Managers · as of 2026-03-310,00 %$10M
- Investment Managers · as of 2026-03-310,00 %$6M
- Investment Managers · as of 2026-03-310,00 %$3M
- Brokerage Firms · as of 2026-03-310,00 %$6M
- Investment Managers · as of 2026-03-310,00 %$3M
- Investment Managers · as of 2024-12-310,00 %$3M
- Institutional Investor · as of 2026-03-310,00 %$2M
- Brokerage Firms · as of 2026-03-310,00 %$2M
- Institutional Investor · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
Insider activity
- SVP & Chief Accounting Officer · Common StockOther 522 @ $77,99$41K · 2026-06-19
- SVP & Chief Accounting Officer · Common StockOther 1 191 · 2026-06-19
- Executive Vice President · Common StockOther 26 203 · 2026-06-19
- Executive Vice President · Common StockOther 14 057 @ $77,99$1,1M · 2026-06-19
- Executive Vice President · Common StockOther 26 203 · 2026-06-19
- Executive Vice President · Common StockOther 13 332 @ $77,99$1,0M · 2026-06-19
- Director · Common StockOther 8 000 · 2026-06-17
- Director · Common StockOther 4 000 · 2026-06-17
- Director · Common StockOther 7 500 · 2026-05-27
- Director · Common StockSold 17 500 @ $75,36$1,3M · 2026-05-27
- Director · Common StockOther 2 337 · 2026-05-20
- Director · Common StockOther 2 337 · 2026-05-20
- Director · Common StockOther 36 340 · 2026-05-20
- Director · Common StockOther 3 635 · 2026-05-20
- Director · Common StockOther 2 337 · 2026-05-20
- Director · Common StockOther 3 992 · 2026-05-20
- Director · Common StockOther 2 337 · 2026-05-20
- Director · Common StockOther 2 337 · 2026-05-20
- Director · Common StockOther 2 337 · 2026-05-20
- Director · Common StockSold 10 000 @ $74,25$742K · 2026-05-19
- Executive Vice President · Common StockOther 6 479 · 2026-03-14
- Executive Vice President · Common StockOther 6 479 @ $67,76$439K · 2026-03-14
- Director, CEO and President · Common StockOther 57 349 · 2026-03-13
- Executive VP & CFO · Common StockOther 4 779 · 2026-03-13
- Executive VP & CFO · Common StockOther 4 779 @ $67,76$324K · 2026-03-13
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): 26.4%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): 148.2%Derived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): 48.6%Derived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): 21.6%Derived (calculated)
- Gross profit (YoY) (2025-12-31 vs 2024-12-31): 228.6%Derived (calculated)
- Cost of revenue (YoY) (2025-12-31 vs 2024-12-31): 18.5%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): 7.4%Derived (calculated)
- Net income (YoY) (2025-12-31 vs 2024-12-31): 149.1%Derived (calculated)
- Gross margin (FY 2025-12-31): 11.7%Derived (calculated)
- Return on equity (FY 2025-12-31): 6.6%Derived (calculated)
- Return on assets (FY 2025-12-31): 1.6%Derived (calculated)
- Revenue (YoY) (2025-12-31 vs 2024-12-31): 28.1%Derived (calculated)
- Capex (YoY) (2025-12-31 vs 2024-12-31): 383.5%Derived (calculated)
- Long-term debt (YoY) (2025-12-31 vs 2024-12-31): -23.7%Derived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): 148.9%Derived (calculated)
- Current ratio (FY 2025-12-31): 1.27xDerived (calculated)
- Debt-to-equity (FY 2025-12-31): 3.20xDerived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): 61.4%Derived (calculated)
- Operating income (YoY) (2025-12-31 vs 2024-12-31): 323.6%Derived (calculated)
- Net margin (FY 2025-12-31): 1.5%Derived (calculated)
- Shares outstanding (annual): 52.79MSEC XBRL filing
- Current assets (annual): USD 4.12BSEC XBRL filing
- Current liabilities (annual): USD 3.24BSEC XBRL filing
- Capex (annual): USD 180.85MSEC XBRL filing